....geared towards low-income Americans, are forcing some 2 million homeowners to risk losing their homes this year:

http://news.yahoo.com/s/afp/20070314/ts_alt_afp/useconomyproperty_070314133106

Note--the lady in this story has refinaced her home at least twice, each time upping the monthly payment. She also lied on an application, and, according to her, with the lender's knowledge, claiming she made more money each month than she actually did.

I guess the old saying is right--don't bite off more than you can chew--and I'm also thankful that, as homeowners, we are locked into a single digit interest rate, rather than variable.